Macedonia - Producción industrial

Industrial production in Macedonia increased 4.2 percent year-on-year in October 2019, easing from a 6.1 percent rise in the previous month. It was the lowest annual gain in industrial activity since May, as output slowed for non-durable consumer goods (6.2 percent vs 7.0 percent in September). In addition, production fell for energy (-8.5 percent vs 25.5 percent) and durable consumer goods (-5.3 percent vs 14.7 percent). On the other hand, output rebounded for intermediate goods (3.2 percent vs -3.5 percent) and rose faster for capital goods (12.5 percent vs 6.4 percent).

Industrial production in Macedonia rose 6.1 percent year-on-year in September 2019, following a 9.8 percent jump in the previous month. Output growth slowed for electricity, gas, steam & air conditioning supply (32.2 percent vs 47.9 percent in August) and mining activity plunged (-7.4 percent vs -1.4 percent). Meanwhile, manufacturing advanced slightly faster (4.6 percent vs 4.5 percent). Considering the first nine months of the year, industrial output went up 5.6 percent compared to the corresponding period of 2018.

Industrial production in Macedonia rose 9.8 percent year-on-year in August 2019, following a 5.8 percent gain in the previous month. It was the biggest increase in industrial output since January, as manufacturing production advanced 4.5 percent, after a flat reading in July. On the other hand, electricity, gas, steam & air conditioning supply output growth eased (47.9 percent from 51.8 percent) and production of mining & quarrying dropped (-1.4 percent from 15.7). Considering the first eight months of the year, industrial output went up 5.5 percent compared to the corresponding period of 2018.

Industrial production in Macedonia grew 5.8 percent year-on-year in July 2019, recovering notably from a 2.7 percent slump in the previous month. It was the strongest annual gain in industrial activity since March, driven by electricity, gas, steam & air conditioning supply (51.8 percent vs 34.3 percent in June) and mining & quarrying (15.7 percent vs 5.2 percent). At the same time, manufacturing showed no growth, after shrinking 6.7 percent in the previous month. Year-to-date, industrial production advanced 4.9 percent compared to the same period of 2018.

Industrial production in Macedonia dropped 2.7 percent year-on-year in June 2019, following a 1.2 percent growth in the previous month. It was the first annual fall in industrial output since December 2017, as manufacturing production contracted further (-6.7 percent vs -0.4 percent in May). Meanwhile, output continued to expand solidly for both mining & quarrying (5.2 percent from 5.4 percent) and electricity, gas, steam & air conditioning supply (34.3 percent vs 22 percent). Considering the first half of the year, industrial activity grew 4.8 percent.

Industrial production in Macedonia rose 1.2 percent year-on-year in May 2019, slowing from a 5.5 percent gain in the previous month. It was the smallest increase in industrial output since May last year, as manufacturing production dropped (-0.4 percent from 4.5 percent in April). Meanwhile, output advanced further in mining & quarrying (5.4 percent from 3.5 percent) and electricity, gas, steam & air conditioning supply rebounded (22 percent from 18.6 percent). Considering the January to May period, industrial activity went up 6.5 percent.